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A company made millions selling farmland water rights to Queen Creek, and the practice is growing

A water transfer from a small western Arizona town to a growing East Valley community has some observers concerned.About a decade ago, a company called Greenstone bought nearly 500 acres of land in the town of Cibola, in La Paz County. But, a few years later, Greenstone sold the water rights for that farmland to Queen Creek. In the process, the company made about $14 million ....

Queen Creek , United States , La Paz , La Paz County , Maanvi Singh , Cindy Bracy , Us Bureau Of Reclamation , East Valley , West Coast Based , Colorado River , Water Asset , Water Asset Management ,

Wall Street is thirsty for its next big investment opportunity: The West's vanishing water

Wall Street is thirsty for its next big investment opportunity: The West's vanishing water
dailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.com Daily Mail and Mail on Sunday newspapers.

United States , Bar Ranch , Queen Creek , New York , La Paz County , La Paz , Mesa County , Eagle County , New Mexico , Sonoran Desert , Colorado River , Marc Robert , Andy Mueller , Matt Diserio , Grady Gammage , Travis Lingenfelter , Michael Liburdi , Kerry Donovan , Holly Irwin , National Environmental Policy , Hulet Farm , Department Of Justice , Arizona Department Of Water Resources , Discovery Company , Bureau Of Reclamation , Warner Bros ,